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Wednesday, November 16, 2011

Ariad (ARIA) (RVBD) (TEVA) (TOL) (AGP) (AMD) Upgraded

Ariad Pharmaceutical (NASDAQ: ARIA), Riverbed Technology, Inc. (NASDAQ: RVBD), Teva Pharmaceutical Industries Ltd (NASDAQ: TEVA), Toll Brothers, Inc. (NYSE: TOL), AMERIGROUP Co. (NYSE: AGP) and Advanced Micro Devices (NYSE: AMD) were upgraded by analysts.

Ariad Pharmaceutical (ARIA) was upgraded by Goldman Sachs (NYSE:GS) from a “Hold” rating to a “Neutral” rating.

Riverbed Technology, Inc. (RVBD) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating. They have a price target of $35.00 on the company, up from $28.00.

Teva Pharmaceutical Industries Ltd (TEVA) was upgraded by Morgan Stanley (NYSE:MS) from an “Equal Weight” rating to an “Overweight” rating. They have a price target of $47.00 on the company.

Toll Brothers, Inc. (TOL) was upgraded by Citigroup (NYSE:C) from a “Neutral” rating to a “Buy” rating. They have a price target of $21.00 on the company, down from $35.00.

AMERIGROUP Co. (AGP) was upgraded by Bank of America (NYSE:BAC) from an “Underperform” rating to a “Neutral” rating. They have a price target of $59.00 on the company.

Advanced Micro Devices (AMD) was upgraded by Wells Fargo & Co. (NYSE:WFC) from a “Market Perform” rating to an “Outperform” rating.

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